Star Actuarial is sponsoring the "Sustainability Actuary" of the Year 2023, Actuarial Post Award

2 minutes

Star Actuarial Futures is delighted to sponsor the Sustainability Actuary of the Year award ...

By Richard Foulds

Associate Director

Star Actuarial Futures is delighted to sponsor the Sustainability Actuary of the Year award for 2023.

Sustainability is defined by the UN as “meeting the needs of the present without compromising the ability of future generations to meet their own needs”. It is ensuring a balance between economic growth, environmental care and social well-being. And the corporate world has never faced more scrutiny on how it approaches sustainability than it is facing right now.

Actuaries, as professional risk managers, have an immense opportunity to influence what our future will look like. Their insight is crucial within the pensions, insurance and investment sectors – financially powerful and forward-thinking markets, that inject trillions of pounds into the economy.

It is actuarial science that steers decisions about what business activities are attractive, and therefore receive financing and insurance cover, and what activities are high risk, unattractive, and to be avoided. It is also actuarial science that quantifies the unknown, allowing for strong governance and market confidence in a rapidly changing world.

This award recognises the excellent work being done within the profession, by actuaries who are working to integrate ESG and sustainability into traditional and non-traditional markets. Whether their work is evolutionary or revolutionary, we look forward to receiving your nominations and hearing about some of the excellent work being done.